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Posted by David Sexton
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9 January, 2019
BUSINESS that trade with the United Kingdom and/or the European Union should prepare for a “no-deal” Brexit, the Export Council of Australia says.
In a statement emailed to members, the ECA noted that with three months to go, all options remained “on the table”.
“Given the uncertainty, if you import or export to the UK and/or the European Union, start thinking about how a hard Brexit will affect you,” the ECA stated.
“For goods exporters particularly, think about how major delays at the UK border and additional supply chain costs will affect your businesses.
“We recommend talking to your trading partners in the UK and EU about what they consider the implications to be, and what they are doing to prepare.”
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